The real estate market is picking up in the Lynchburg, Bedford, Campbell County areas! Buyers have come alive and are anxious to utilize the first time homebuyers tax credit. They are taking advantage of the low interest rates and available financing options. The ample inventory of home choices is offering a great selection and they are experiencing the art of negotiation!
August, 2009:
553 New Properties were placed on the market
$ 178,364 Average Sales Price 176 Average Days on Market-Sales
$ 143,969 Amherst Co. 181
$ 263,261 Bedford Co. 186
$ 180,712 Campbell Co. 135
$ 160,889 Lynchburg 129
95% List Price/Sales Price Ratio
1928 Total Residential Properties on Market
153 Average Days on Market for Total Residential Properties
